RE: RE: RE: RE: RE: Time for a drilling update...C

Received all my voting materials/proxy in today's mail and have mixed emotions....1st I think management is honestly trying to improve bottom line, but then, can't rectify their attempts at shareprice improvement with the 1 for 10 reverse split. 98% of reverse splits cause a loss of shareholder equity or decline in share value due to holders dumping before the reverse takes place, and natural historical decline immediately after the reverse takes place. Thus a lose/lose scenario for us. Our sole redemption will be a positive release in drilling results. That said, my breakeven is 40 cents a share on 30,000 shs. Happy hopeful New year!